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Doodles NFT Sales Pump +500% In The Past 24 Hours, Following McDonalds’ Collaboration

November 13, 2024
in Blockchain
Reading Time: 4 mins read
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Doodles NFT Sales Pump +500% In The Past 24 Hours, Following McDonalds’ Collaboration
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Doodles, a popular non-fungible token project that previously announced its intentions to transition from a pure NFT startup to a leading media franchise, has seen its NFTs soar +500% in trading sales volume. The resurgence came after the fast food giant McDonalds separately teased collaboration with an identified project. The teaser has gained mainstream attention.

• ᴗ • 11/18 pic.twitter.com/LDxlE9pnrx

— McDonald’s (@McDonalds) November 12, 2024

Doodles And McDonalds Tease An NFT Collaboration

Data compiled by CoinGecko.com, an on-chain non-fungible token explorer and a crypto market aggregator renowned for tracking data on crypto prices, volumes, market capitalization, and community growth, shows that Doodles has significantly surged in trading sales volume. In the past 24 hours, the Doodles NFT collection raised a trading sales volume of 766 ETH, up +565% from the previous day.

Launched in 2021, Doodles is an IP-driven non-fungible token project built by former Dapper Labs team members. Doodles team is renowned for incubating Doodles, a non-fungible token collection that features a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network. Doodles has grown to become of the leading blue-chip NFT collections in the NFT market.

The Doodles floor price began to pump shortly after Guillaume Huin, the Senior Marketing Director at McDonalds, posted, “Something a little different than usual is coming to McDonald’s. A new kind of collaboration to explore new spaces. A tad more niche than what we normally do, but with a superb fan base that will only grow when more people get to see it.” The post gained massive attention in the X community.

Later, the highly anticipated Doodles x McDonalds partnership was officially confirmed and has since gained massive attention from top industry heads like the Azuki founder Zagabond, Greg Solana, the co-founder Yuga Labs, and thousands of crypto and NFT community on X. It’s worth noting that McDonalds is arguably one of the most popular global brands. Therefore, its partnership with Doodles is a huge win for the NFT market.

DOODLES X MCDONALDS PARTNERSHIP CONFIRMED pic.twitter.com/ezSmCFvPvJ

— wale.moca (@waleswoosh) November 12, 2024

Doodles NFT Floor Price Pumps +33% In The Past 24 Hours

Doodles has significantly surged in nearly all metrics shortly after its collaboration with McDonalds went viral. In the past 24 hours, the Doodles NFT collection has seen its floor price value double to 2.71 ETH. During this time, the Doodles NFT collection has recorded a trading sales volume of 766 ETH, almost as much as Pudgy Penguins and Bored Ape Yacht Club NFT sales combined. The highly awaited Doodles x McDonalds collaboration will be officially unveiled on November 18, 2024.

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